CREDAI launches its Tamil Nadu chapter

Chennai:  The Regional chapters of Chennai, Coimbatore, Trichy and Madurai of the Confederation of Real Estate Developers' Associations of India (CREDAI) has launched CREDAI - Tamil Nadu, their state Apex body.

Realty organizations from across the State participated in this launch to strengthen the Association's presence and spreading its reach across Southern India. K Rosaiah, Governor of Tamil Nadu inaugurated the chapter.

For the term 2013- 2015 CREDAI TN chapter office bearers would comprise of  Dr R.Kumar, Chairman,  N  Nandakumar President, (both from Chennai).   Ramesh Bafna, Vice-President (from Coimbatore),  V Gouthaman Secretary (from Trichy) and  S Ilankovan Treasurer (from Madurai), who have been elected by the General Council.

CREDAI TN would  highlight and establish CREDAI chapters in 90 per cent of the urban areas in the State;  get every member developer to sign a transparent Code of Conduct; foster self regulated growth of Real estate, pursue with the Government to implement reforms in urban planning and regulation, land, taxation, administrative and fiscal areas to achieve smooth and orderly development of Urban areas, help to create  affordable housing and over all achieve a higher GDP; would  promote skill development program at all levels from bottom level workers to top level professionals and management , by establishing  skill development centres and Institutes of excellence & research. CREDAI TN would help in achieving the vision and the National goals; and work on influencing establishment of State level policies and programmes which would help in making housing for all a reality.

The amalgamation of the builders’ and property developers'  associations with CREDAI, the real estate’s apex body will bring in more transparency and efficiency into the process, which will create a favourable cascading effect into the industry augmenting real estate growth in the southern region. CREDAI Tamil Nadu will work towards ensuring buyer’s confidence through ethical practices and transparent dealings across the State.